A practical alternative to the US dollar system is possible through currency hubs of politically neutral, stable, and diverse currencies. Unlike single substitutes, these hubs will offer real…
The fifth volume of the history of the Reserve Bank of India helps us understand how the economic reforms and policies during 1997-2008 were shaped in India’s complex political and social setting.…
Bad loan problems at state-run banks have so far been resolved through massive taxpayer-funded bailouts. There must be a revaluation of a broken credit culture that virtually protects big borrowers.
A central bank digital currency is a new form of money unlike any of its previous manifestations. The ability of individuals and businesses to hold and make electronic payments using a CBDC will have…
With most of India’s attempts to reform its financial sector rolled back post demonetisation, the country could soon be facing a possible solvency crisis amongst state-run banks. The government must…
India's banking regulation has come this far through a process of learning from a series of bank failures in the last century. But it might not be adequate to meet present and future threats.
